Lesser cash will help cut deficit, raise defence spending: Jaitley

SOURCE: THE HINDU Finance Minister Arun Jaitley said that moving to an economy with lower amounts of cash in circulation will help the country reduce its fiscal deficit and increase budgetary allocations for defence and rural infrastructure. “The Budget for the central government is about Rs. 20 lakh crore. This year, our revenues are likely […]

The post Lesser cash will help cut deficit, raise defence spending: Jaitley appeared first on Indian Defence Research Wing.

from Indian Defence Research Wing http://ift.tt/2hYRq5a
via IFTTThttp://idrw.org